PRG-Schultz Forms Strategic Alliance to Expand Profit Recovery Capabilities

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Mon Nov 9, 2009 7:01pm EST

ATLANTA--(Business Wire)--
PRG-Schultz International, Inc. (Nasdaq: PRGX), the world's largest recovery
audit firm, today announced that it has entered into a strategic alliance with
KBA Lease Services LLC to expand the recovery audit capabilities PRG-Schultz can
offer to clients. The lease audit practice of KBA Lease Services is focused on
recovering rent overcharges and reducing short and long-term occupancy costs. 

"In today's tough economy, our clients tell us they are looking for new ways to
realize more bottom-line profits," said Romil Bahl, president and chief
executive officer of PRG-Schultz. "Our KBA alliance, coupled with our previously
announced alliance with Ryan, Inc., a leading tax services firm in North America
providing a comprehensive suite of state, local, federal, and international tax
services, will enable us to better meet our clients` needs by delivering an
expanded suite of complementary profit recovery services, as well as provide us
with new sources of leads." 

About PRG-Schultz International, Inc.

Headquartered in Atlanta, PRG-Schultz International, Inc. is the world's leading
recovery audit firm, providing clients throughout the world with insightful
value to optimize and expertly manage their business transactions. Using
proprietary software and expert audit methodologies, PRG industry specialists
review client purchases and payment information to identify and recover
overpayments. 

Forward Looking Statements

In addition to historical information, this press release includes certain
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Such statements include both implied and express
statements regarding the Company`s financial condition and its ability to
deliver profits to clients and meet its clients` needs. Such forward looking
statements are not guarantees of future performance and are subject to risks,
uncertainties and other factors that may cause the actual results, performance
or achievements of the Company to differ materially from the historical results
or from any results expressed or implied by such forward-looking statements.
Risks that could affect the Company`s future performance include revenues that
do not meet expectations or justify costs incurred, the Company`s ability to
develop material sources of new revenue in addition to revenues from its core
accounts payable services, changes in the market for the Company`s services, the
Company`s ability to retain existing personnel, potential legislative and
regulatory changes applicable to the Medicare recovery audit contractor program,
uncertainty in the credit markets, client bankruptcies, loss of major clients,
and other risks generally applicable to the Company`s business. For a discussion
of other risk factors that may impact the Company`s business, please see the
Company`s filings with the Securities and Exchange Commission, including its
Form 10-K filed on March 16, 2009. The Company disclaims any obligation or duty
to update or modify these forward-looking statements.

PRG-Schultz International, Inc.
Robert Lee, 770-779-6464 



Copyright Business Wire 2009

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